Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Central Excise - Highlights / Catch Notes

Home Highlights November 2016 Year 2016 This

Confiscation - Unrecorded stock - There is no force in the ...

Central Excise

November 12, 2016

Confiscation - Unrecorded stock - There is no force in the assertion made in the notice that the goods manufactured during the presence of Revenue in the factory were intended to be cleared clandestinely - AT

View Source

 


 

You may also like:

  1. Trade Notice Number 03/2015 withdrawn - earlier, manufactures directed by the commissioner CE to declare stock of the inputs/finished goods and to get registered...

  2. Valuation of imported goods - Without any specific evidence of contemporaneous imports the assertion of contemporaneous price is baseless.

  3. SCOMET Export permission for ‘Stock & Sale' purposes and for export of spare parts - Public Notice

  4. Duty demand - Shortage of stock - Clandestine removal of goods - information received from the Income tax Department cannot be made the sole basis for confirmation of...

  5. Addition made on account of undervaluation of closing stock - cost of job work charges have not been included - thus the closing stock of the assessee company is suppressed - AT

  6. Ambit and scope of section 80IB - the Revenue's assertion that the marketing concern was floated with a view to claim higher deduction u/s 80IB, is baseless - HC

  7. Additions made u/s 69B - excess stock found during survey - assessee contended that as per the books during the course of survey was without the opening stock - no merit...

  8. Denial of credit - Goods received on stock transfer basis - Revenue denied credit on the basis that it was stock transfer and not sale - credit allowed - AT

  9. Unexplained closing stock - discrepancy of the actual stock and the stock as recorded in the books of account - The survey was done in the presence of the assessee and...

  10. Penalty u/s 271D - cash loans from farmer friends - assessee relied on mere oral assertions of urgent requirement of funds without producing any material to establish...

 

Quick Updates:Latest Updates